Monday, August 30, 2010

Market Daily -- 30th Aug 10

12.  Sembcorp Industries Unit Issues S$100 Mln Fixed Rate Notes Due 2025
 Sembcorp Industries: To Issue S$100 Mln Floating Rate Notes Due 2017
 Sembcorp Industries: Note Issuances Part Of S$1.5Bln Program
 Sembcorp Industries: DBS Appointed Bookrunner For Notes Issue
 Sembcorp Industries: To Use Proceeds To Refinance Debt, For Working Capital 
Sembcorp Industries: Notes Due 2025 To Have 4.25% Coupon 
Sembcorp Industries: Notes Due 2025 To Have 4.25% Coupon

11. DBS Group Head Of Consumer Banking Rajan Raju Resigns - Memo

10. Singapore Minister: Property 'Bubble' Bursting Will Have Severe Econ Implications
Singapore Minister: Government Reluctant To Introduce Capital Gains Tax 

9. M1 Target Raised To S$2.60 From S$2.20 By CIMB

8. Goodpack Target Raised To S$1.94 From S$1.89 By CIMB

7. Goodpack Target Raised To S$2.13 From S$1.77 By OCBC

6. Goodpack Target Raised To S$2.40 From S$2.18 By Kim Eng

5. Singapore Announces More Measures To Ensure Stable Property Market
 Singapore Government: To Increase Holding Period For Sellers' Stamp Duty
 Singapore Government: To Reduce Loan-To-Value Ratio To 70% For Second Homes
 Singapore Government: To Increase Minimum Cash Payment For Second Homes To 10%
 Singapore Government: Home Prices Have Now Exceeded 1996 Historical Peak
 Singapore Government: Holding Period To Increase To 3 Years From 1 Year
 Singapore Government: To Continue Monitoring Property Market
 Singapore Government: To Continue Monitoring Property Market
Singapore Government: New Measures To Take Immediate Effect
 Singapore Government: Will Increase 1H 2011 Land Supply If Demand Remains Strong

4. C&O Pharma Target Raised To S$0.65 From S$0.53 By Philip Sec

3. Genting Singapore Target Raised To S$2.10 Vs S$1.60 - Macquarie

2. Neptune Orient Lines Target Cut to S$1.60 From S$1.80 By Citi

1. WALL STREET: Stocks climbed Friday as investors took comfort in Fed Chairman Bernanke's promise to do what it takes to support economic recovery, along with better-than-feared revision of 2Q economic growth at +1.6%. Dow +1.7%, Nasdaq +1.7%